is the social trading element of it so basically what you want to do is you wish to go on Discover…Why Etoro Ask For National Insurance Number…
and basically you people can see this location right here so you wish to scroll scroll to copy Trader now if you’re questioning my account balance I am presently in the virtual um one today so as you guys can see right here this is copy Trader so essentially what this allows you to do is it enables you to essentially simply mirror the portfolios of the top investors so this just means that if there is a top financier all right you can just merely copy their trades and you don’t require to do definitely anything at all so you men can see right here this is a list this section right here is the list of the top financiers so you men can see the return over 2 years over 2 years he’s posted a return of 72 over 2 years he’s posted 33 over 2 years he’s posted 120 27 so you guys can get the idea from there you men can basically go ahead and click these guys and essentially copy their trades so you guys can see on the button on the top right here you guys can click this button and of course basically what this allows you to do is this will allow you to copy that
person’s trade now the reason this is in fact quite cool is since if you have the ability to copy somebody’s trade basically what this implies is invest very smartly without in fact doing any work so as you people can see right here it shows their threat level and as you men can see right here it says this is his threat score so a risk rating level of 2 you guys can see right here 2 shows us that his risk is very extremely low if someone’s threat rating was level 10 of course you people would see that their wrist level is entirely 10 and it implies it’s most likely to be volatile significance you can have incredibly losses and very gains now basically all you would want to do is click this copy button right here then obviously you would just invest the amount that you want alright over a certain amount of time so it would state close the financial investment also right here you people can see there’s a box beneath and basically what this does is this safeguards your losses so let’s state for example you had 10 thousand dollars that you wanted to purchase and obviously you didn’t wish to lose more than let’s say a thousand dollars you didn’t want your investment to drop below 9 thousand dollars you would say Okay close the financial investment if it drops listed below nine thousand dollars so of course as you men can see right there it shows if the worth drops listed below 88 or 9 000 obviously that is going to be something it closes so naturally as you people can state this implies if when you wish to tick this box you copy the open trades and as a novice you can put your cash on this platform and
just Cobble their open trades now you do not in fact have to do anything right here this is 100 totally passive and if I click invest it’s going to go ahead and for the next year or so it’s going to copy their trades now as you men can see you can go on and take a look at similar Traders right here and see their active thing now let’s make this so heros as you can really see what’s inside their portfolio what they’re purchasing you can see what they’re holding uh just how much they’ve you understand they’ve been offering exactly what’s been giving them a large earnings um you guys can see exactly what they buy you can also see the statistics you can see every single month that they’ve generated income you people can see the performance of course you men can see 2022 you people can see how much they made every month some red months some green months it’s definitely a really extremely intriguing way to do this and naturally they do have an area where you can talk with individuals as well so that is going to be the highlight of etoro and like I said it’s definitely excellent now there’s many different manner ins which you can in fact trade also so for instance let’s state I wished to go onto my watch list right here and this is the default watch list that they offer you however let’s state for example I wished to trade Tesla I do not know if the stock exchange is open right now I think I think the stock exchange did simply open so essentially what we can do here is you can naturally trade now you can naturally trade utilizing leverage too so you can even if you just have a thousand dollars to start you can then of course use five times utilize people and obviously this implies that you can
increase your position size so what’s also fascinating about this guys is that you likewise don’t want to have a scenario where the overnight feed um ruins you because of course as you men can see right here when you trade with the take advantage of guys there is an overnight cost because of course you’re utilizing somebody else’s money you guys can see the overnight fee I’m not sure if you people can see might need to zoom in it’s four dollars on a weekend and one dollar per day so that implies every single day that is going to be the cost that you pay to etoro for using their money now if you simply utilize top take advantage of regular take advantage of then you’re not going to be paying that much depending on The Utilize you use there’s going to be an increased fee because of course your borrow covering that cash now understand that obviously buying um any substantial amount of Tesla of course as you men can see it really reveals right here the real worth of our actual trade and of course basically what you wish to do here people is of course I would try out the virtual account initially because this is going to get you to grips it’s going to be able to reveal you uh how you can actually utilize the platform to make money now obviously if you don’t wish to buy you believe a Stock’s going to decrease you can do offer naturally it’s essentially shorting the market so naturally this is going to be something that you can easily do and then naturally we’ve got various ones you can purchase here so essentially what you want to buy and if you believe Tesla’s gon na go to 120 you can do order and after that you can hit 120 and state alright when checked is 120 I want 2 500 to enter and naturally you men see the rate there so that is something you can do and naturally it will be bought with take advantage of
and of course you men can see you can set your take earnings and things like that so that is something that you can do what’s likewise intriguing as well is that you can literally speak to all these individuals that are buying Tesla and see their things so you guys can see this person’s asking is it going up or down um and the factor I selected Tesla is because it’s a really fascinating stop at the moment so it’s absolutely extremely very fascinating and what’s also fascinating as well is that you can also see I believe you can see the market sentiment too since uh you understand it’s certainly something that you understand you require to look at and if you also want to take a look at the business’s balance sheets you can see whether it’s increasing or down obviously you people can see in general there’s an uptrend of course you guys to see the earnings is also going it’s really pretty stagnant but it’s still in quite an uptrend so um as you people can see it’s certainly actually truly fascinating and you people can see the last 3 years for Tesla have been definitely ridiculous so all of that stuff okay and when you go to the analysis tab I believe this is where we have some really great indications um I’m just not sure if this is working yeah so you guys can see that right here we have the analysis tab now you can go to any stock click the analysis tab right here so simply click analysis and then basically when you scroll down it shows you if it’s a buy or not now people will be saying um it shows you if based upon 16 of providing under my condition on Tesla it states moderate buy it reveals you also the prediction all right the forecast is that it’s going to be at 232 which is an 87 gain based on 16 ranked
analysts and naturally as you men can see over the next 12 months individuals are targeting four to 9 of course 258 and obviously 87 at the bearish estimate so it provides you a great location um on what you wish to do and naturally you men can see it links to the post so you can check out the short article due to the fact that they in fact post these for the general public naturally you guys can see um Tesla and obviously as you men can see right here when you scroll down you can see a lot more information about this stock so you guys can see that the the belief of course
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Conclusion:
Etoro has revolutionized the financial investment landscape by producing a platform that integrates social trading, academic resources, and a diverse range of financial instruments. As a retired hedge fund manager, I highly suggest Etoro for those looking to start their financial investment journey or enhance their trading skills.